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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 151
Use the percentage method of withholding, a FICA rate of 6.2%, a Medicare rate of 1.45%, an SDI rate of 1%, and a state withholding tax of 3.4% in this problems.
EDUCATIONAL SALES Karen Jordon, a salesperson for Weber Scientific, is paid a salary of $410 per week plus 7% of all sales over $5000. She is single and claims two withholding allowances. Her deductions include FICA, Medicare, federal withholding, state disability insurance, state withholding, credit union savings of $50, a Salvation Army contribution of $10, and dues of $15 to the National Association of Professional Saleswomen.
Find her net pay for a week in April during which she had sales of $11,284 with returns and allowances of $424.50. ___________
EDUCATIONAL SALES Karen Jordon, a salesperson for Weber Scientific, is paid a salary of $410 per week plus 7% of all sales over $5000. She is single and claims two withholding allowances. Her deductions include FICA, Medicare, federal withholding, state disability insurance, state withholding, credit union savings of $50, a Salvation Army contribution of $10, and dues of $15 to the National Association of Professional Saleswomen.
Find her net pay for a week in April during which she had sales of $11,284 with returns and allowances of $424.50. ___________
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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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